Twitchy-
This writer isn’t great at math, which is why she majored in English and later got a nursing degree.
But she also has a basic grasp of economics and she knows raising the minimum wage doesn’t make things more affordable and it certainly doesn’t address inflation.
To the contrary, it makes things more expensive and makes inflation worse.
Yet the new mayor of Oakland thinks a $50 minimum wage is the answer to economic woes: more here
Good luck with that, everything and I mean everything will become instantly unaffordable. But hey, everyone (but the elites) will be equally miserable which is one of the goals of communism.
It won’t. Rent is just too high around there.
But $100, now we’re talking.
Newsom’s $20 minimum wage destroyed a lot of small businesses. Oakland’s mayor has obviously never had a real job. His idea is as dangerous as it is laughable.
Who is going to get the $50 per hour? The drug dealers?
As many here never tire of pointing out, the real world minimum wage is zero. And the higher the attempted govt-mandated minimum is, the more people get that real world zero.
Uncle Al – As the Dumbing-Down increases, so shall the Real World Zeros!
Are there any businesses left in Oakland? If so, there won’t be if this moonbat pushes this plan through…
Why not $100, $500, $1000??? So at some point it’s too much and it’s perfectly fine for central planners to determine what is right…rather than the ONLY TWO PEOPLE INVOLED – the employee and the employer.
The stupid is strong in this one.
Still a better speaker than the word salad ex-VP.
Why not just make it $1 million/hour? Then people could work one shift and retire rich. That would like… you know… totally work maaaan… (toke). C’mon Mr. Strip Mall Pizza Shop Owner! You owe me $8 million for my last shift. This here law says so! Pay up!…
What do you mean you’re filing bankruptcy and going out of business? That’s bullshit maaaan!… You own a pizza shop in a strip mall! You’re… like… you know… totally rich!… An oligarch even!… Does this mean I don’t have a job anymore? (toke)
This is why you don’t elect 2G-ers.
Here’s an idea: instead of wages, pay them in Lottery tickets.
It’s a winner, everyone will get rich and the mayor can then raise their property taxes ! 😯
$50/hr works just fine until eggs cost $50/ea
I teach Gov/Econ at a local tutorial co-op. My students all know what real minimum wage is.
Couldn’t even hold on to an American League Baseball team.
…inflation will be irrelevant because no one will be able to afford to keep a store open to buy anything at in the first place…
@Geni: Oakland not only could not hold on to an American League Baseball team, but the A’s chose to leave Oakland and play on a minor league field in Sacramento until their Las Vegas stadium is completed. They also could’t hold on to a NBA team (the Warriors moved to San Francisco) or a NFL team (Raiders to Las Vegas).
Wyatt
I believe the Warriors are now playing down in San Jose/Santa Clara. The crime is out of control.
As far as this idiot mayor goes, like I keep saying, an I.Q. test should be required before you can vote, own a gun, or have kids.
Let’s make it $20,000/ hr and everybody will be rich.
Yeah, Bad Brad is right about that.